FlipCo Financial

South Bend Hard Money Lenders

We provide direct private loans to help investors achieve project success.

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​Loan includes a rehab budget which is 100% funded.

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Close fast with no pre-payment fee.

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Allows non-owner occupied investors to leverage their funds.

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Participate in a transaction without bringing funds to the table.

Hard Money Lenders in South Bend, Indiana

As leading South Bend hard money lenders, FlipCo Financial energizes the city’s dynamic real estate market with innovative funding solutions. We understand South Bend’s unique transformation from industrial heritage to innovation hub, powered by Notre Dame’s $400 million campus expansion and the thriving Renaissance District. Our local expertise helps investors capitalize on opportunities whether you’re renovating historic homes in the East Race Waterway district, developing modern housing near Eddy Street Commons, or transforming properties in the emerging Howard Park neighborhood. South Bend’s evolution, driven by the technology corridor at the former Studebaker complex and the expanding medical sector around Beacon Memorial Hospital, demands a lending partner who understands both the city’s academic influence and its entrepreneurial future. Unlike traditional South Bend hard money lenders, we recognize the unique value opportunities in neighborhoods like River Park and Near Northwest, where university expansion meets urban renewal. Our funding solutions support projects across South Bend’s most promising areas – from the Innovation District’s tech hub to the vibrant Irish Quarter. With the Smart Streets initiative reshaping downtown and Notre Dame’s technology park driving growth, South Bend real estate investors need quick, flexible financing to seize emerging opportunities. We offer funding decisions faster than an Irish touchdown drive and terms clearer than the view from the Morris Inn. Whether you’re converting properties near Innovation Park or developing multi-family units along the East Bank Trail, FlipCo Financial provides the capital needed to turn your investment vision into reality. From downtown’s renaissance to the university district’s expansion, we’re not just lending – we’re partnering in South Bend’s next chapter of growth.

The Notre Dame Multiplier Effect

South Bend offers a unique investment advantage through Notre Dame's $400 million campus expansion and its ripple effects. Unlike typical college towns, Notre Dame's prestigious status and growing research initiatives create year-round housing demand beyond student rentals. The university's development of the Eddy Street Commons district has transformed the corridor between campus and downtown, with phase three already in planning. Properties near Innovation Park and the new Technology Park benefit from the influx of research professionals and tech startups drawn to Notre Dame's $25 million IDEA Center. Football weekends alone generate premium short-term rental opportunities that can cover months of mortgage payments in just seven weekends, particularly in neighborhoods like Irish Quarter and Northeast South Bend.

The Studebaker Renaissance

The $40 million transformation of the former Studebaker complex into the Renaissance District represents South Bend's largest-ever technology investment. This isn't just another redevelopment project - it's the creation of Indiana's largest mixed-use technology campus outside Indianapolis. The 1.2 million square foot complex is attracting data centers, tech companies, and innovative startups, creating a new class of high-income tenants. Properties in surrounding neighborhoods like Near Northwest and River Park are seeing increased demand from tech workers seeking authentic urban living. The project's success has sparked a wave of renovation in previously overlooked industrial areas, creating opportunities for investors to participate in South Bend's tech-driven future at relatively affordable entry points.

The Smart Streets Advantage

South Bend's $25 million Smart Streets initiative has revolutionized downtown investment opportunities. This isn't typical infrastructure improvement - it's a complete reimagining of urban mobility that's already generated over $100 million in private investment. The conversion of one-way streets to two-way traffic has revitalized retail corridors and created pedestrian-friendly neighborhoods. Properties along key corridors like Michigan Street and Jefferson Boulevard have seen significant appreciation as new businesses and restaurants open. The initiative's success has led to the East Bank Village development and Howard Park's transformation, creating micro-markets where urban amenities meet river views. Early investors in these corridors are benefiting from the city's commitment to walkable, livable neighborhoods, while still enjoying entry prices well below similar markets.

South Bend Hard Money Lenders

Quick closing

Minimal doc collection

All investor loans (non-owner occupied)

No appraisals, credit or background checks

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  • Loan includes a rehab budget which is 100% funded.
  • Leverage funds for multiple projects at once.
  • Asset based approval.
  • Quick and virtual rehab reimbursement.
  • Close fast with a shortened guaranteed interest.
  • No guaranteed interest.
  • Stay ultra-competitive while making offers.
  • Ideal for quick turnarounds and refinance exit stratgies.
  • Allows non-owner occupied investors to leverage their funds.
  • Ideal for auction purchases.
  • Close with cash and let us put it back in your pocket.
  • Get out of high interest rate private and hard money loans.
  • Participate in a transaction without bringing funds to the table.
  • Have a true closing to report.
  • Seamless transaction.
  • Bring your wholesaling game up a notch!

What Clients Say About Us!

FAQ's

At FlipCo, we understand that time is of the essence for real estate transactions. We can fund projects within 48 hours of receiving clear title and all underwriting documents.

The most important part of our deal structure is ensuring our client are set up for success. We go the extra mile to ensure that title issues are not overlooked, legal documents are prepared correctly for our clients and that our clients have all the tools they need for their projects. Our client’s success comes before anything else. Check out why we are the best Houston hard money lenders.

The monthly interest payment calculation is explained in detail via the agreed upon Term Sheet that is signed prior to project closing. We charge interest only payments and only ever on funds used. Our Houston hard money lenders will make sure you are notified about your payments well in advance and continually through your investing journey.

Yes, every property we lend on is required to have title, builder’s risk, hazard, and general liability insurance.

  • Single Family Residential, up to 4 doors (No Owner-Occupied)
  • First lien position
  • Previously flooded properties require additional diligence from our underwriting team
  • Additional square footage will require a survey prior to funding

At FlipCo, we offer a range of services to meet your real estate financing needs. Whether you’re looking to renovate and sell a property, secure a loan for a rental investment, or in need of a hard money loan, we have got you covered. Our Houston hard money lenders are experienced in providing financing options specifically designed for fix and flip projects, transactional funding rental investments, and refinance a rehab projects. For more information reach out to us here on our website. 

When you contact our Houston hard money lenders, they will make sure to give you a check list of all the documents you need to qualify for your loan. Don’t worry, our experts have you covered. 

Some Standard Documents of Purchase and Refinance Transactions will include and are not limited to: 

– Driver’s License or Passport (ITIN number if you are a Foreign National)

– Purchase Agreement and any addendum(s)

– Proof of Earnest Money Deposit with check or wire receipt

– 2 Months Bank Statements to show the necessary cash to close and liquidity

– Entity Docs – Articles of organization, Operating agreement or Bylaws, EIN #, Corporate Resolution

– Title Commitment, Survey, HOA/Condo Questionnaire (if applicable), E&O, Wire Instructions, CPL, Draft Deed, HUD

– Evidence of Insurance – RCE/Insurable Value Required for Dwelling Coverage and 6 Months Loss of Rent Coverage

We typically approve our clients within 48 hours of receiving all required documents.

We do not require third party appraisals. All underwriting and price opinions are performed in house reducing project costs as well as providing enhanced efficiency to the underwriting process timeline. This makes a top choice for Houston hard money lenders. 

  • Last 3 months of bank statements
  • Financial statement
  • Completed borrower application

We offer a 3 and 6 month term.

FlipCo typically does not require a credit check. We pride ourselves on lending on the asset and strategy rather than the borrower’s credit score.

To qualify for a hard money loan, there are a few criteria you must meet. Firstly, if you are refinancing your property, you will need to have equity in it. This means that the value of the property should be higher than the outstanding balance of your existing mortgage.

If you are using the hard money loan for a property purchase, you will typically be required to make a down payment of at least 15% to 20% of the purchase price. Additionally, it is common practice for the property to be purchased under an entity, such as a business or commercial entity, to ensure that it is intended for business or commercial purposes.

These criteria, including having equity in your property for refinancing or making a sufficient down payment for a purchase, as well as utilizing an entity in the transaction, are important factors in qualifying for a hard money loan. FlipCo Financial are the premier Houston hard money lenders and will work with you to get the funding you need. 

There are several compelling reasons why borrowers in Houston may opt for a hard money loan from a private lender instead of a conventional loan from a Houston bank:

1. Faster Funding: Unlike conventional banks that typically take 30-45 days or longer to approve and finance a residential loan, a Houston hard money loan from lenders like FlipCo Financial can be funded within a shorter time frame of 5-10 days. This is especially beneficial for borrowers who need immediate capital to secure a property or take advantage of time-sensitive opportunities.

2. Property Condition: Conventional banks often have strict underwriting guidelines that may prevent them from lending on properties in need of repair or upgrades. However, private lenders are more flexible in this regard and are willing to provide financing for properties that may lack cash flow or require renovations. This makes hard money loans a viable option for investors looking to purchase distressed properties or undertake renovation projects.

3. Asset-Based Lending: Unlike traditional banks that heavily rely on a borrower’s credit score, reported income, and debt-to-income ratio, hard money lenders focus primarily on the value of the asset being used as collateral for the loan. This means that borrowers with a less-than-perfect credit history or high debt levels can still be eligible for a hard money loan, as long as the property’s value justifies the loan amount. This asset-based approach opens up borrowing opportunities for individuals such as professionals with high incomes but significant debt obligations who may be turned down by traditional banks.

Overall, choosing a hard money loan in Houston from a private lender offers distinct advantages in terms of speed, property condition flexibility, and a focus on the asset rather than the borrower’s financial standing. These factors make hard money loans a preferred option for those seeking alternative financing options in the Houston market.

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